Iron ore seaborne arrivals rebound at Chinese ports

SHANGHAI, Apr 9 (SMM) – Eighty vessels carrying 12.08 million mt of iron ore arrived at major Chinese ports in the week ended Thursday April 4, up 2.1 million mt from the previous week, SMM forecasted.

For the same week, iron ore shipments departing Australian ports increased 6 million mt, to stand at 13.29 million mt. This fell some 2.67 million mt from the same period a year ago. 

Iron ore leaving Brazilian ports was expected to drop by 3.16 million mt on the week, to a record low of 2.32 million mt, due to Vale's dam accident in January.